M&A Deal Summary

Dematic Acquires Upturn Solutions

On January 2, 2014, Dematic acquired software company Upturn Solutions

Acquisition Highlights
  • This is Dematic’s 2nd transaction in the Software sector.
  • This is Dematic’s 2nd transaction in the United States.
  • This is Dematic’s 1st transaction in Montana.

M&A Deal Summary

Date 2014-01-02
Target Upturn Solutions
Sector Software
Buyer(s) Dematic
Deal Type Add-on Acquisition

Target

Upturn Solutions

Bigfork, Montana, United States
Upturn Solutions, Inc. is a provider of Computerized Maintenance Management Systems (CMMS) designed for distribution, manufacturing and warehouse environments.

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Buyer(S) 1

Buyer

Dematic

Atlanta, Georgia, United States

Category Company
Founded 2006
Sector Machinery
Employees6,000
Revenue 800M EUR (2013)
DESCRIPTION
Entrance to Dematic's corporate headquarters in Grand Rapids, Michigan.
Entrance to Dematic's corporate headquarters in Grand Rapids, Michigan.

Dematic is a global provider of logistics automation equipment with a focus on distribution and industry applications. Dematic Corp. was formed in 2006 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 6
Sector (Software) 2 of 4
Type (Add-on Acquisition) 2 of 6
State (Montana) 1 of 1
Country (United States) 2 of 3
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-16 HK Systems

New Berlin, Wisconsin, United States

HK Systems develops, implements and supports solutions for the management of enterprise-wide inventory, distribution, logistics management and material handling systems. HK Systems manufactures automated guided vehicles, automated storage and retrieval machines, conveyors, von gal palletizers and picking systems. HK Systems also offers warehouse, transportation and event management systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-19 SDI Group Europe

Germany

SDI Group Europe is a specialist in the provision of integrated materials handling solutions for retail, wholesale, fulfillment and e-commerce distribution operations.

Buy -